the U.S. continues to prohibit oil exports while its domestic production is increasing production by leaps and bounds, worsening the glut situation. One can argue that the over-supply of oil is a...read more

It simply defies logic that the U.S. Democrats want to reject the Keystone. It is nothing less than myopic vision when in the long term it forfeits itself the great opportunity of striking a good...read more

it's not helping wti because the actual usa oil production as still increasing every week, you haave to watch these numbers closely, it's going to be a long delay before they start fallling, yes rigs...read more

It does seem that way gwizard, -given the last 2 days but these rig count figures bear some scrutiny. The combined rig count (both oil and gas directed rigs had reached a 2 year high on Sept 12, 2014....read more

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. BHI Rig Count: U.S. -43 to 1267 rigs U.S. Rig Count is down 43 rigs from last week to 1267, with oil...read more

Besides that, news is out that a lot of drillers EOG, Apache, Andarko etc. are choosing not to complete wells drilled until prices recover. You can read get more info from the actual article if you...read more

bought back in, some friday and some more today, about a 2/3 position for now. i feel pretty good about petronas going ahead with the lng project with the feds new tax regime and the available labor...read more

Almost from its very inception everything about Birchcliff smacks of a company being prepared for sale. Of course it must have taken a year or 2 to get some feel for the vast potential of the Montney...read more

This is the "last gasp his gab did gape" as far as gov't assistance goes, - both Federal and Provincial and expect the heavy iron door to shut forever on this matter. Whether it suits the LNG parties...read more

Canadian Observer - British Columbia LNG projects set to receive tax relief The prime minister of Canada announced tax breaks for British Columbia's liquefied natural gas industry late last week...read more

The plummeting rig count is quite favorable for NG as it’s mostly the oil directed side that’s dropping. Rigs chasing oil produce large volumes of associated NG that is simply dumped on the market...read more

Trouble is it's not enough, and whenever we get results like this, the price of crude will simply act like a hammer selling off each time the rig count numbers fail to pass muster,-like today. The...read more

See also this bullish analysis on UNG at $14 and on natural gas at $2.7/mmbtu: http://seekingalpha.com/article/2866056-natural-gas-a-rebound-to-4-mmbtu-and-higher-is-not-out-of-the-question rate and reply